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Home > News > Market Flash > Recently, the Overall Oscillating Operation of Silicone DMC

Recently, the Overall Oscillating Operation of Silicone DMC

ECHEMI 2022-09-07

As of September 6, the average price of organic silicon DMC market quotations in the domestic mainstream areas is 19,320 CNY/ton. Compared with the price on September 1, 2022 (reference price 19,640 CNY/ton), the average price is reduced by 320 CNY/ton. Down 1.63%.

Looking back on August, with the support of the high raw material market in the first ten days, the focus of the silicone DMC market continued to move upward. However, with the decline in the raw material market in the second half of the year, the cost support weakened, and the silicone DMC market also fell weakly.

Entering September, the traditional golden nine in the silicone DMC market was not obvious. In the first two days of the month, the silicone DMC market continued to decline at the end of August, and some suppliers with higher early quotations continued to The price of silicone DMC was adjusted downward, and the price difference between the high and low prices of silicone DMC narrowed, and then the market was weak and consolidated, and there was no obvious fluctuation. It can be said that the adjustment of the market is more cautious.

Until September 5th, large factories in Shandong slightly raised the ex-factory price of silicone DMC, with a cumulative increase of around 200 CNY/ton in two days. Other monomer factories and suppliers mostly kept their prices stable. At present, as of September 6, the domestic silicone DMC market price is around 18900-19800 CNY/ton.

In terms of upstream silicon metal, since September (9.1-9.5), the domestic silicon metal (product name: 441#) market has shown an overall upward trend. According to the data monitoring of the business community, on September 5, the reference price of metal silicon was 19,760 CNY/ton, an increase of 1.02% compared with September 1 (19,560.00 CNY/ton).


market outlook

In recent days, the raw metal silicon market has recovered, and the organic silicon DMC market has also risen slightly. The overall trend of the organic silicon DMC market is relatively conservative, and the rhythm of downstream stocking before the holiday is slow to open. The domestic silicone DMC market is mainly stable and small, and the specific trend needs to pay attention to the news changes on the supply and demand side.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.
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